Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed
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FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion
FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million.
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Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether’s mad money
Grant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what’s going on with Tether’s commercial paper reserves.
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Mastercard Enhancing Program for Cryptocurrency Wallets and Exchanges
Payments giant Mastercard has announced that its crypto card program is being enhanced for cryptocurrency wallets and exchanges. The company said, “Making the process simpler
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Circle IPO further legitimizes crypto before regulators, outsiders
Circle’s share of the stablecoin market has grown to 23.5% in 2021, trailing only Tether. By going public, its “share will increase further?”
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Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion
The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed
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